# The Taxation of Regulatory Capital Securities Regulations 2013, Regulation 8: Anti-avoidance


(1) Regulations 3 to 7 do not apply in the case of a regulatory capital security if there are arrangements the main purpose, or one of the main purposes, of which is to obtain a tax advantage for any person as a result of the application of these Regulations in respect of that security.
(2) In paragraph (1), “tax advantage” has the meaning given in section 1139 of CTA 2010.

---
Source: https://www.legislation.gov.uk/ukdsi/2013/9780111106273/regulation/8 (the official version)
Page: https://openlegislation.uk/draft-taxation-of-regulatory-capital-securities-regulations-2013/regulation-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.